There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Union Bank Of India for its Venmony branch in Alappuzha, Alappuzha, Kerala, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Union Bank Of India situated in Alappuzha or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code UBIN0576701. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Union Bank Of India, Venmony, Alappuzha
The table below shows the main details of the IFSC Code UBIN0576701 for the Union Bank Of India branch in Alappuzha, which falls under the Alappuzha district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Union Bank Of India |
| IFSC Code | UBIN0576701 |
| Branch | Venmony |
| City | Alappuzha |
| District | Alappuzha |
| State | Kerala |
| Address | St Mary Orthodox Chur Chvenmonychengannur Alappuzha Kerala Pin 689509 |
These details help users in online banking and for businesses and individuals who use Union Bank Of India in Alappuzha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0576701 for the Venmony branch of Union Bank Of India has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Union Bank Of India located in Venmony, Alappuzha, Kerala, are allotted a unique IFSC like UBIN0576701 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Alappuzha.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Alappuzha and Alappuzha.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Union Bank Of India in Venmony reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code UBIN0576701
The format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Union Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Venmony in Alappuzha.
For example, the IFSC Code UBIN0576701 of Union Bank Of India for the Venmony branch includes these elements, identifying the bank and the branch location in Alappuzha and Kerala accurately.
How to Find IFSC Code for Union Bank Of India?
If you are looking for the IFSC Code UBIN0576701 of Union Bank Of India for its Venmony branch located in Alappuzha, the following methods can help:
Cheque Book
The cheque book that is issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Union Bank Of India branches in Alappuzha and Alappuzha, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Union Bank Of India and look for the branch locator section, then search for Venmony or Alappuzha to get the exact IFSC Code UBIN0576701.
Mobile Banking App
If you use Union Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Union Bank Of India and Alappuzha, then it will provide you proper information.
How to Use IFSC Code UBIN0576701 for Online Transfers?
Once you have the IFSC Code UBIN0576701 for the Venmony branch of Union Bank Of India in Alappuzha, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UBIN0576701. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0576701.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Union Bank Of India Venmony in Alappuzha, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Union Bank Of India in Venmony, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Union Bank Of India website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Alappuzha manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UBIN0576701.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is St Mary Orthodox Chur Chvenmonychengannur Alappuzha Kerala Pin 689509 located in Alappuzha, Alappuzha, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.